Feb 05 2021 at 10:41
Yes, emotions don’t go well with trading. This is one reason some traders prefer automated trading at times.
Feb 12 2021 at 11:44
Fear of losing is a natural emotion as nobody wants to lose their hard-earned money. But you must make sure that fear does not hinder your decision taking ability.
May 07 2021 at 17:29
forexminded posted:It is true that emotion can lead a trader into danger. It is best to avoid it.
Fear of losing is a natural emotion as nobody wants to lose their hard-earned money. But you must make sure that fear does not hinder your decision taking ability.
May 29 2021 at 17:42
Most traders lose their money because of their low knowledge about the market.
Yes, you have to face loss by trading emotionally. If a trader knows a good strategy and trades emotionally, he will never be able to survive in trading.
Many who start trading lose because they are afraid of this, and until you get out of this vicious circle, there will be no result
Our fears block our ability to correctly and consciously think and control trade.
Fear doesn't allow us to think logically. There are two types of fear. Fear of losing money and fear of losing an opportunity to open a trade. Both types of fear is bad for our trading.
Jun 02 2021 at 12:42
It is quite normal to have fear of losing but it can always be avoided by proper knowledge and dedication.
Yes it's normal, human they will be tested by little fear, hunger, lack of wealth, soul, and fruit
but forex trading needs patience, loss is part of trading but needs to control the risk
but forex trading needs patience, loss is part of trading but needs to control the risk
SteveHanks posted:Yes. gathering knowledge is very important to survive in this market.
Most traders lose their money because of their low knowledge about the market.
The fear of loss really affects us a lot and we do not make certain steps to move in the right direction.
The fear of loss affects our trading style and our plans and strategies. Always keep you away from the fear of loss and invest only the money which you can afford to lose.
Oct 18 2021 at 10:57
Ariest posted:Every trader should make a back up plan for lose.
The fear of loss really affects us a lot and we do not make certain steps to move in the right direction.
Oct 18 2021 at 12:30
SteveHanks posted:Yes indeed!Ariest posted:Every trader should make a back up plan for lose.
The fear of loss really affects us a lot and we do not make certain steps to move in the right direction.
Oct 18 2021 at 12:41
Losing money sucks but is normal at times for traders. You have to be prepared for that and use it as a learning experience, rather than getting depressed or beating yourself up over it.
Fear of losing is something that drives traders crazy actually. They always try to win this fear and every day starts from a struggle with these fears. To my mind, it's the most difficult task in trading activity. I mean the task to set up your mood and understand that you have to control your emotions. I believe the most effective way is to look in the eys of your fears. Try to fight them despite the fact that these fears always try to take over control your mental health. Traders shouldn't be afraid of losses, because loss is a great teacher and it helps traders to foresee further steps and never make mistakes actually.
I think this fear can be removed or at least managed by employing the right strategies. Evidence and seeing something in the grand scheme can help see that losses are a part of trading and don't have to be an account buster. Extensive backtesting of a strategy before attempting it live will show you that statistically despite losses, your system works or not. Then when going live with this strategy, you can use a micro account where the total amount lost in a dreadful worst case scenario is negligible to you. Finally as part of any plan, a sound risk management strategy should be in place. All these may sound arbitrary but for me really help me get a handle on my feelings toward loss. Personally as I have moved through my own journey I am narrowing the emotional gap that I feel between winning and losing on an individual basis by becoming less bothered by either.
If you can't spot the liquidity then you are the liquidity.
such fear will always be present until you make a good profit to increase work morale
@GraceGilm To remove fear one needs good skills and a solid mindset. Fear comes when we don't know what's we are doing with our trades and why.
